Debt Restructuring Manager (Hybrid)📣 Job Ad
in Aljazira Bank
about 5 hours ago
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Aljazira Bank is seeking a Debt Restructuring Manager to join its team in Riyadh, Saudi Arabia. This is a full-time, hybrid position, offering a flexible work model that combines remote and in-office work. The Debt Restructuring Manager will be instrumental in achieving the bank's strategic objectives by ensuring the effective implementation of debt restructuring strategies for distressed portfolios and supporting the department's strategy and related plans.
Key Responsibilities
- Achieve effective implementation of debt restructuring strategies for distressed portfolios.
- Appraise restructuring proposals, ensuring alignment with the Bank’s credit policies and risk appetite.
- Assure compliance with internal policies, regulatory requirements, and Saudi Arabian Monetary Authority (SAMA) guidelines.
- Conduct thorough financial analysis of distressed clients to identify viable restructuring solutions.
- Identify restructuring opportunities and negotiate repayment terms with customers.
- Liaise effectively with Corporate Credit, Risk, Legal, and Recovery teams to ensure efficient case resolution.
- Ensure timely execution of restructuring plans and diligently monitor performance against agreed terms.
- Provide periodic reports on restructuring portfolio performance, associated risks, and recovery outcomes.
- Communicate key risks, issues, and recommendations clearly to senior management.
- Contribute to the enhancement of restructuring frameworks, processes, and policies.
Qualifications and Experience
- A Bachelor's degree in Finance, Accounting, Business Administration, or a relevant major is preferred.
- A professional certificate such as CFE, CAMS, ICA, or an equivalent is preferred.
- Approximately 5 years of experience in a relevant field, with a preference for at least 3 years in a dedicated debt restructuring role.
- Prior experience in Debt Restructuring, Credit Risk Management, or a closely related field is preferred.
Required Skills
- Debt Restructuring
- Financial Analysis and Modeling
- Negotiation and Settlement Skills
- Debt Recovery and Collections
- Risk Assessment and Portfolio Management
- Mitigation Strategies
Work Environment and Details
This is a full-time position based in Riyadh, Saudi Arabia. The role operates on a hybrid work arrangement, blending remote and in-office duties. The specific schedule will be agreed upon in the contract.
Requirements
- Requires 5-10 Years experience
Similar Jobs
You may also like
- Related Debt Restructuring Manager (Hybrid) Opportunities
- Marketing Specialist Jobs in Riyadh
- Chef Jobs in Riyadh
- Branch Supervisor Jobs in Riyadh
- Interior Architect Jobs in Riyadh
- Business Development Supervisor Jobs in Riyadh
- Other Job Fields in Riyadh
- Marketing Specialist Jobs in Riyadh
- Chef Jobs in Riyadh
- Branch Supervisor Jobs in Riyadh
- Interior Architect Jobs in Riyadh
- Business Development Supervisor Jobs in Riyadh
- Barista Jobs in Riyadh
- Receptionist Jobs in Riyadh
- Hairdresser Jobs in Riyadh
- Sales Representative Jobs in Riyadh
- Human Resources Specialist Jobs in Riyadh
- Explore Jobs Across Saudi Arabia
- Recruitment Agent Jobs in Jeddah
- Cost Engineer Jobs in Dammam
- Marketing Specialist Jobs in Makkah
- Security Guard Jobs in Taif
- Cost Accountant Jobs in Unayzah
- Hairdresser Jobs in Al Jubail
- Purchasing Manager Jobs in Riyadh
- Special Education Specialist Jobs in Wadi Ad Dawasir
- Construction Supervisor Jobs in Riyadh
- Operations Supervisor Jobs in Dammam